Unrealised profit to be eliminated from cbs for
Stock of x includes 25000/- purchased from h which sells at cost+25%
Stock of h includes 36000/- purchased from x which sells goods at cost+ 20%
H has 35%shares in x...
Solution is given as consolidated p&l a/c 3850
To investment in associate 3850
My doubt is why are they adjusting consolidated p&l for both it will be only stock of x Ltd??